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OpenText Completes Divestiture of Non-Core Unit for $163 Million

Newswire.ca - Mon Jan 12, 1:00PM CST

OpenText to Use Proceeds to Reduce Debt

WATERLOO, ON, Jan. 12, 2026 /CNW/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced that it has successfully completed its previously announced divestiture of an on-premise solution, eDOCS, a part of its Analytics portfolio, to NetDocuments Software, Inc., for $163 Million in cash before taxes, fees and other adjustments.

Read more at newswire.ca

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